The International Monetary Fund report states that policy uncertainty has surged since 2023 & remains high, leading to projects being abandoned or stalled.
For India, IMF has maintained its growth estimate at 7% for 2024-25, followed by 6.5 per cent next year. Slowdown from 8.2% growth in 2023 is attributed to exhaustion of pent-up demand.
Speaking at an event at Delhi School of Economics, IMF's First Deputy Managing Director also points out that reforms like investment in education, infra, health should be increased.
India participated in BRICS Foreign Ministers’ Meeting which began in Russia Monday, the first assignment for India’s foreign policy under third consecutive term of PM Modi.
Pakistan needs to arrange rollover commitments from bilateral partners for all loans maturing during the IMF period. Perhaps this is the real agenda of the China trip, and why it had to take priority over the budget.
According to the IMF, Ukraine's 48-month Extended Fund Facility Arrangement (EFF) has been successful in providing a strong anchor for the country's economic program.
The 2024 Article IV consultation discussions have now ended with the signing of a staff-level agreement between the IMF senior mission chief and the deputy mission chief.
For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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